If Chinese EVs seem to be giving the Western giants a cold sweat, they could also represent a huge opportunity for growth and development for future models in markets other than Europe.
Indeed, today Chinese manufacturers have particularly outdated technology, especially in terms of platforms and batteries, and these same manufacturers can use their technology to become a kind of “organ bank” for other brands. It’s also an idea that seems to be gaining ground in Stellantis.
According to CarNewsChina, the group under the leadership of Carlos Tavares is ready to complete the work agreement with the Chinese company Leapmotor to license the LEAP 3.0 platform, designed for 100% electric and hybrid models.
“Ready to use” technology.
According to the first rumors, Stellantis intends to become a shareholder in Leapmotorwhich will allow it to have this new technology for future models that will first be sold in the Chinese market and then (who knows) exported to other countries.
The LEAP 3.0 platform was introduced in July in China and will be unveiled in September at the 2023 Munich Motor Show with the Leapmotor C10, a mid-size SUV presented by the Chinese startup as its first global model.
The C10 can use both a 100% electric powertrain and EREVs (Extended Range Electric Vehicles), i.e. cars powered solely by an electric motor whose batteries are powered by thermal units, like the new Mazda MX-30 R-EV in way.
Not yet confirmed by Stellantis
As of now, neither party has confirmed or denied the rumors, but according to recent comments from Zhu Jiangming, CEO of Leapmotor, this partnership is no longer in doubt: “We want to be not only a brand of electric cars, but also a supplier of electric technologies”. Soon after, Zhu Jiangming said Leapmotor was in talks with two manufacturers, without naming them.
If the deal is confirmed, Stellantis will follow the example of Audi and Volkswagen, the former reached an agreement with SAIC to use the iO Origin platform for electric vehicles intended for sale in China, the latter committed to acquire a 5% equity stake in Xpeng and use a license to use the Edward platform, the original points for two upcoming models destined for the Chinese market.
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Source: Auto Plus
Robert is an experienced journalist who has been covering the automobile industry for over a decade. He has a deep understanding of the latest technologies and trends in the industry and is known for his thorough and in-depth reporting.